- Category
- Medium (2023-24)
- Udyam number
- UDYAM-DN-01-0001151

About Aakash Universal Limited
Data last updated:
Aakash Universal Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 20 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14100MH1995PLC093895. Its GSTIN is 27AAACA9755H1ZG (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹13.23 Cr and a paid-up capital of ₹6.78 Cr. It was formerly known as Aakash Stone Industries Limited and Kollamax India Private Limited. It is led by directors including Ankit Krishna Jajodia (Whole-Time Director) and Aditi Jajodia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Santacruz Airport Side Marblemarket W E Highway Rajendra Prasad Nagar Vile Parle, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.71 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.11 Cr (net margin 4.8%) and EBITDA of ₹8.59 Cr (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 14 subsidiaries.
The company is associated with 1 brand: Aakash Italian Marble. As per MCA filings, the company has open charges of ₹59 Cr and satisfied charges of ₹26.99 Cr on record. Court records list 57 cases involving the company, including 46 filed by the company and 11 filed against it; 23 cases are pending. The company has 17 deals on record (13 secondary share transfers, 4 funding rounds), with disclosed funding of ₹12.41 Cr; the latest was in June 2022. The company has 2 MSME Form 1 returns on record between 2021 and 2024, listing 7 overdue payments to 6 micro and small suppliers.
Aakash Universal Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DN-01-0001151). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aakashgroup.org.
Company details
Name history
Aakash Universal has undergone 2 name changes throughout its history. The company was previously known as Aakash Stone Industries Limited, and Kollamax India Private Limited. The current legal name is Aakash Universal Limited.
| Company Name | Status |
|---|---|
| Aakash Universal Limited | Current |
| Aakash Stone Industries Limited | Previous |
| Kollamax India Private Limited | Previous |
CIN history
Aakash Universal has one previous CIN (Corporate Identification Number): L14100MH1995PLC093895. The current CIN is U14100MH1995PLC093895, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14100MH1995PLC093895 | Current |
| L14100MH1995PLC093895 | Previous |
Recognitions & Rankings of Aakash Universal
Contact details
Aakash Universal Limited's registered office is in Mumbai, Maharashtra. Its website is aakashgroup.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSantacruz Airport Side Marblemarket W E Highway Rajendra Prasad Nagar Vile Parle, Mumbai, Maharashtra, India – 400099
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Aakash Universal Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Aakash Universal operates one associated brand: Aakash Italian Marble. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplies high-quality Italian marble with a focus on purity and reliability. | aakashuniversal.com |
Business activity
The main business activity of Aakash Universal is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Aakash Universal Limited, buy the company report.
Financials of Aakash Universal Limited
FY 2025 filings availableAakash Universal Limited reported revenue of ₹85.71 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 56% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.59 Cr | ||||
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| Net Profit (PAT) | ₹4.11 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 4.8% | ||||
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To see the full financial statements and ratios of Aakash Universal Limited, buy the company report.
Board of directors of Aakash Universal Limited
Aakash Universal has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Krishna Jajodia Also directs: Aakash Infra Properties LLP, Aakash Minning Private Limited | Whole-Time Director | 11 Dec 2012 | 13 Years 10 Months | Current |
| Aditi Jajodia Also directs: Aakash Pinewood Estates Private Limited, Eastern Aakash Industries LLP, Aakash Global Buildmate Private Limited and 5 more | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Aakash Ramawatar Jajodia Also directs: Platinum Life Spaces LLP, Aakash Infra Properties LLP, Universal Life Spaces LLP and 5 more | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Ramawatar Babulal Jajodia Also directs: Wilson Media & Hospitality LLP, Platinum Life Spaces LLP, Aakash Infra Properties LLP and 5 more | Additional Director | 15 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Aakash Universal Limited is audited by JMMK & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JMMK & Co. | FY 2023 | 120459W |
Shareholding
The shareholding of Aakash Universal Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aakash Universal Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101190327 | Others | ₹45 Cr | Open | |
| 29 Mar 2010 | 10214266 | Others | ₹14 Cr | Open | |
| 28 Feb 2023 | 100699617 | Others | ₹10 Cr | Satisfied | |
| 29 May 2017 | 100129941 | Hdfc Bank Limited | ₹19 Lakh | Satisfied | |
| 29 Mar 2010 | 10214267 | Bank of Baroda | ₹12 Cr | Satisfied |
To see the full charge records of Aakash Universal Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Aakash Universal Limited has 17 deals on record (13 secondary share transfers, 4 funding rounds), with disclosed funding of ₹12.41 Cr; the latest was in June 2022.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Jajodia Properties Private Limited Seller: Twenty First Century Wire Rods Limited , an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Jajodia Properties Private Limited Seller: Pushpanjali Comotrade Private Limited, Alishan Estates Private Limited , Dulcet vyapar Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Alishan Estates Private Limited , Makes Worth Project & Developers Private Limited, an individual Seller: Novelty Traders Limited, Bhadrawati Steel & Urja Limited , Clifton Securities Private Limited , an individual |
| Oct 2011 | Funding round | ₹3.37 Cr | Investors: Twenty First Century Wire Rods Limited , an individual |
| Jan 2009 | Secondary share transfer | Undisclosed | Buyer: Clifton Securities Private Limited Seller: an individual |
To see the full deal history of Aakash Universal Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aakash Universal Limited has 57 court cases on record: 46 filed by Aakash Universal, 11 filed against it. 23 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 6 | 18 |
| High courts | 14 | 4 | 5 |
| NCLT | 3 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by M/S. Shri Veneer Spot Pvt. Ltd. Through Its Authorised Representative Mrs. Pooja Mane | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against B.I.Infra Pvt. Ltd. and 2 others | Pending |
| High Court, MAHARASHTRA | Court case (CAA) | Filed by the company against M/S. Karm Yogi Property Developers Private Limited and Anr and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (AO) | Filed by the company against M/S. Karm Yogi Property Developers Private Limited and Anr and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Watcher Techno Security Pvt. Ltd. and 4 others | Pending |
To see the full case history of Aakash Universal Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Aakash Universal Limited has 2 MSME Form 1 returns on record between 2021 and 2024, listing 7 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Aakash Universal Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Aakash Universal has 14 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aakash Global Buildmate Private Limited | U45201MH2008PTC182493 | |
| Heer Mehta Landmark Developers Private Limited | U45400MH2009PTC189780 | |
| Aakash Buildmate Construction Private Limited | U45400MH2011PTC222721 | |
| Aakaash Dhanista Infrastructure Private Limited | U45400MH2012PTC233745 | |
| Aaress Trading Private Limited | U51900MH2006PTC159206 | |
| Aakash Equities Private Limited | U65900MH1995PTC086630 |
To see the full group structure of Aakash Universal Limited, buy the company report.
Employees & EPFO
Aakash Universal Limited has a workforce of 4 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Aakash Universal has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA9755H1ZG | Maharashtra | Active | 01 Jul 2017 |
| 26AAACA9755H1ZI | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aakash Universal Limited, buy the company report.
Recent activity
Aakash Universal Limited has 11 board changes on record since 2011: 4 appointments and 7 cessations. The latest: Ramawatar Babulal Jajodia was appointed as Additional Director on 15 Jan 2025.
18 earlier events are in the company report.
Frequently asked questions
Aakash Universal is an active public limited company based in Mumbai, Maharashtra, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 20 October 1995 (31+ years old) and is registered under CIN U14100MH1995PLC093895.
Aakash Universal has 4 current directors:
- Ankit Krishna Jajodia - Whole-Time Director
- Aditi Jajodia - Director
- Aakash Ramawatar Jajodia - Director
- Ramawatar Babulal Jajodia - Additional Director
The latest financial statements of Aakash Universal on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakash Universal is 27AAACA9755H1ZG, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 26AAACA9755H1ZI (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Aakash Universal is U14100MH1995PLC093895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakash Universal has 57 court cases on record: 46 filed by the company and 11 filed against it. 23 are pending. Most are in the district courts.
Aakash Universal was incorporated on 20 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Aakash Universal has 17 deals on record (13 secondary share transfers, 4 funding rounds), with disclosed funding of ₹12.41 Cr; the latest was in June 2022.
Ramawatar Babulal Jajodia was appointed as Additional Director on 15 Jan 2025. Ramawatar Babulal Jajodia ceased to be Managing Director on 20 Jul 2021. Aakash Ramawatar Jajodia ceased to be Additional Director on 31 Dec 2020. Aakash Universal has 11 board changes on record in total.
Yes, Aakash Universal is registered as a medium enterprise under Udyam registration (number: UDYAM-DN-01-0001151).
Aakash Universal has 2 MSME Form 1 returns on record between 2021 and 2024, listing 7 overdue payments to 6 micro and small suppliers. The latest return was filed on 01 May 2024.